Incentives Matter: Sports Edition – Econlib
In this episode, EconTalk host Russ Roberts welcomed Roger Noll, a distinguished American economist and emeritus professor of economics at Stanford University. One of Noll’s many research interests is the economics of sports and entertainment. Roberts and Noll discuss the economics of all things sports, ranging from the financial output of football, baseball, and basketball […]
Incentives and Marriage – Econlib
Economics emphasizes the power of incentives in influencing how people behave. When I began to read economics, I found this focus on incentives very plausible, because I had seen firsthand a very strong example of how the incentives created by a system of rules was clearly influencing the way people made a major life decision […]